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Advanced Inventory Planning and Stock Control - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:12 +04

Course Introduction:
Master the intricacies of inventory management with a focus on optimisation models, stock control systems, and technology applications for efficient inventory planning.

Course Outcomes:
Manage the key areas of warehouse operations
Eliminate wasteful activities/costs
Describe the materials handling cycle, manual and mechanical handling and accident prevention
Record, manage and measure inventory costs
Apply: MRP, JIT, Kaizen, Kanban strategies
Optimise resource planning and overall efficiency
Establish effective inventory management controls
Reduce costs of inventory obsolescence
Improve record-keeping accuracy

Who Should Attend:
Warehouse Managers
Procurement and purchasing professionals
Transport Managers
Professionals in Logistics Functions
Warehouse and distribution Managers and Supervisors
Material handling supervisors
Operational Managers
General Managers of SMEs
Supply chain specialists

Course Topics:
Fundamentals of Inventory Management

Inventory management essentials
Profit through inventory management
Inventory management and customer service
Analysing the requirements
Setting inventory management parameters

Replenishment Policies and Inventory Planning

Replenishment or Reordering
Continuous and periodic reviews
Order quantity and Order up-to level
Inventory planning
Inventory optimisation

Stock Identification and Recording Procedures

Receipts and issues of stock
Order quantities and rules
Stocktaking and different types of stockholding
Safety stockObsolescence and write-offs - methods and procedures for disposal of surplus and unserviceable items

Inventory Control

Cost effectivity of stock holding
Managing and controlling stock
Just In Time management
Practical methods of reducing stock holding
Setting and maintaining the right stock levels

Strategic Management of Inventory and all types of Stock

Inventory classification and audits - ABC Analysis or the 80/20 rule
Implementing leading edge strategies MRP JIT Kaizen and Kanban
Effective forecasting and peak demand planning
Inventory cost reduction techniques
Effectively managing inventory risk

Stock Identification and Recording Procedures

The role of the warehouse in the modern supply chain
The organisational structure of a warehouse
Factors determining the location and number of warehouses
Warehouse design
Different types of warehousing

Management strategies involved in creating an efficient warehouse

Implementing a dynamic warehouse management system
Enterprise Resource Planning
On Time Complete and On Time Delivery methods
Floor loads and floors stocks
Order fulfilment and fill rates

Managing People Resources Performance Health and Safety

The role of the warehouse manager
People management
Resource planning
Performance management
Health and safety

Inventory Improvements and the Supply Chain

The supply chain and the theory of constraints
Supply chain process mapping
Saw tooth curve
Using the Economic Order Quantity (EOQ) graph to find improvements
Inventory in the distribution network

Cost: 7250 GBP

Duration: 10 Days

Supply Chain Management - Level 2 - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:12 +04

Course Introduction:
This course deepens the understanding of supply chain dynamics, focusing on optimisation techniques, demand forecasting, and the integration of supply chain components to drive efficiency and effectiveness.

Course Outcomes:
Demonstrate the impact of supply chain and inventory control upon the profitability of the organisation
Record, manage and measure inventory costs
Apply: MRP, JIT, Kaizen, Kanban strategies
Reduce costs of inventory waste and obsolescence
Optimise resource planning and overall efficiency
Establish effective inventory management controls
Implement and report on KPI performance
Ensure the presence of audit trails and apply transparency principles
Apply risk management techniques to supply chain and inventory management

Who Should Attend:
Warehouse and supply chain management practitioners
Procurement and Purchasing professionals
Transport Managers
Professionals in Logistics Functions
Warehouse and distribution managers and supervisors
Material handling supervisors
This course is suitable for commercial management, who are looking to obtain leading edge supply chain efficiencies and competitive edge for themselves and their organisation and those who need to develop their understanding about Supply Chain Management

Course Topics:
Supply Chain Fundamentals

Strategic Management of Inventory and all types of Stock
Understanding the Supply Chain
Role and importance of the Integrated Supply Chain
Supplier Relationship Management (SRM)
Goals and objectives of Supplier Management
The Strategic Warehouse

Strategic Management of Inventory and all types of Stock

Inventory classification and audits ABC analysis or the 80/20 rule
Implementing leading edge strategies MRP JIT Kaizen and Kanban
Effective forecasting and peak demand planning
Inventory cost reduction techniques
Effectively managing inventory risk

Logistics and Supply Chain Strategy

The processes and activity mix - costs customer expectations and strategy
Logistics planning levels and making tactical decisions.
Logistics and customer relations - defining the optimum service level
Logistics concerns about service variability and constraints
Logistics information and management information systems

Supply Chain Risk Management

Understanding the various risks in the supply chain
Identifying supply chain instabilities and risks
How to reduce supply chain risks
Using risk management tools and techniques
Supply chain resilience

Supplier Management

Transforming the supplier relationship
Supplier evaluation criteria
Appropriate supplier methodologies
Total Cost Approach
Shrinking the supplier base

Cost: 4250 GBP

Duration: 5 Days

Inventory Planning and Stock Control - Level 1 - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:12 +04

Course Introduction:
Get introduced to the fundamentals of inventory management, learning about stock levels, reorder points, and basic techniques to ensure inventory supports business operations effectively.

Course Outcomes:
Eliminate wasteful activities/costs
Effectively record, manage and measure inventory costs
Apply: MRP, JIT, Kaizen, Kanban strategies
Maintain stores accounting
Optimise resource planning and overall efficiency
Establish effective inventory management controls
Reduce costs of inventory obsolescence
Improve record-keeping accuracy

Who Should Attend:
Warehouse managers
Procurement and purchasing professionals
Operational managers
General Managers of SME
Entrepreneurs
Supply chain specialists

Course Topics:
Fundamentals of Inventory Management

Inventory management essentials
Profit through inventory management
Inventory management and customer service
Analysing the requirements
Setting inventory management parameters

Replenishment Policies and Inventory Planning

Replenishment or Reordering
Continuous and periodic reviews
Order quantity and Order up-to level
Inventory planning
Inventory optimisation

Stock Identification and Recording Procedures

Receipts and issues of stock
Order quantities and rules
Stocktaking and different types of stockholding
Safety stockObsolescence and write-offs - methods and procedures for disposal of surplus and unserviceable items

Inventory Control

Cost effectivity of stock holding
Managing and controlling stock
Just In Time management
Practical methods of reducing stock holding
Setting and maintaining the right stock levels

Strategic Management of Inventory and all types of Stock

Inventory classification and audits - ABC Analysis or the 80/20 rule
Implementing leading edge strategies MRP JIT Kaizen and Kanban
Effective forecasting and peak demand planning
Inventory cost reduction techniques
Effectively managing inventory risk

Cost: 4250 GBP

Duration: 5 Days

Procurement and Managing Suppliers - Level 1 - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:12 +04

Course Introduction:
Learn the essentials of procurement and supplier management, including procurement planning, tendering processes, and supplier selection.

Course Outcomes:
Set up and manage a procurement activity
Select suppliers using appropriate evaluation methods and criteria
Measure supplier performance
Identify ways to increase procurement effectiveness and efficiency
Work with user departments to improve procurement within the organisation
Manage supply-side risk using contractual methods
Manage suppliers against contractual requirements
Conduct supplier performance review meetings

Who Should Attend:
Purchasing executives and professional staff from supply chain management, logistics and inventory planning and control
General managers wanting to understand the procurement function
Project managers involved in plant and equipment development projects
Engineering planners working with complex maintenance material requirements
Quality managers seeking to understand how suppliers are selected

Course Topics:
The Principles of Procurement

Definition of procurement vs purchasing activities
Defining the goals of procurement
The role of procurement
Supporting the business strategic objectives
Formulating the procurement strategy

The Procurement Process

Key roles and responsibilities
Forming commodity teams
Planning the procurement activities
Development of the procurement policy
Developing the supplier selection process

Compiling the Approved Supplier List

Determination of the most appropriate suppliers
Methods and techniques of inviting potential suppliers
Developing the supplier questionnaire
Supplier segmentation and grading Tier 1 2 and 3 suppliers
Developing supplier performance metrics

Supplier Relationship Management (SRM)

Introduction to the principles of SRM
The importance of the buyer/supplier relationship
Developing the SRM strategy
Collaboration and joint working
Motivating suppliers and continuous improvement

Monitoring and Managing Supplier Contracts

Managing the contract and setting expectations
The importance of setting proper baselines
Conducting supplier appraisals based on performance measures and metrics
Dealing with underperforming suppliers
Dealing with breaches and disputes

Cost: 4250 GBP

Duration: 5 Days

Supply Chain Management - Level 1 - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:11 +04

Course Introduction:
Begin your journey in supply chain management with this introductory course. Understand the basics of supply chain design, planning, and operations to support and improve business processes.

Course Outcomes:
Identify the benefits, both operational and financial, of effective supply chains
Apply global best practice strategies within their own environment
Develop cost and operational efficiency initiatives for each component of the supply chain
Manage inventory and warehouse efficiency strategies
Ensure compliance with quality, environmental and safety standards
Make informed financial and operational decisions regarding supply chain operations
Apply global best practice strategies
Show the supply chain can contribute to overall organisational profitability

Who Should Attend:
Procurement, warehouse and supply chain management practitioners
Transport Managers
Professionals in Logistics Functions
Warehouse and distribution managers and supervisors
Material handling supervisors
This course is suitable for commercial management, who are looking to obtain leading edge supply chain efficiencies and competitive edge for themselves and their organisation and those who need to develop their understanding about Supply Chain Management

Course Topics:
Understanding the Supply Chain

Overview of supply chain functions within the organisation
Supply chain management definitions
The golden rules of supply chain management
Supply chain models and types
The global supply chain and integration

Role and importance of the Integrated Supply Chain

Fundamentals of Procurement
Fundamentals of Logistics
Fundamentals of Warehouse Management
Fundamentals of Transportation
Logistics and Supply Chain Strategy

Supplier Relationship Management (SRM)

Introduction to the principles of SRM
The importance of the buyer/supplier relationship
Developing the SRM strategy
Collaboration and joint working
Motivating suppliers and continuous improvement

Goals and objectives of Supplier Management

Key roles and responsibilities
Identify and agree deliverables from suppliers
Aligning the goals with the procurement strategy
Involving the relevant stakeholders
Identifying risks and their impact/probability

The Strategic Warehouse

Defining the role and responsibilities of the warehouse function
Utilizing the supply chain compass within the warehouse
Space allocation and product driven category management strategies
Inventory management strategies including optimum stock levels obsolete/slow moving stock
Effective forecasting and planning

Cost: 4250 GBP

Duration: 5 Days

Inventory Planning and Stock Control - Level 2 - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:11 +04

Course Introduction:
Build upon initial inventory management skills with more complex strategies, including demand forecasting, inventory cost reduction, and performance measurement.

Course Outcomes:
Manage the key areas of warehouse operations
Eliminate wasteful activities/costs
Determine the materials handling cycle, manual and mechanical handling and accident prevention
Record, manage and measure inventory costs
Apply: MRP, JIT, Kaizen, Kanban strategies
Optimise resource planning and overall efficiency
Establish effective inventory management controls
Reduce costs of inventory obsolescence
Improve record-keeping accuracy

Who Should Attend:
Warehouse Managers
Procurement and purchasing professionals
Transport Managers
Professionals in Logistics Functions
Warehouse and distribution Managers and Supervisors
Material handling supervisors
Operational Managers
General Managers of SMEs
Supply chain specialists

Course Topics:
Overview of Warehousing and Inventory Management

Fundamentals of Inventory Management
Replenishment Policies and Inventory Planning
Warehouse Operational principles
Inventory Control
Strategic Management of Inventory and all types of Stock

Stock Identification and Recording Procedures

The role of the warehouse in the modern supply chain
The organisational structure of a warehouse
Factors determining the location and number of warehouses
Warehouse design
Different types of warehousing

Management strategies involved in creating an efficient warehouse

Implementing a dynamic warehouse management system
Enterprise Resource Planning
On Time Complete and On Time Delivery methods
Floor loads and floors stocks
Order fulfilment and fill rates

Managing People Resources Performance Health and Safety

The role of the warehouse manager
People management
Resource planning
Performance management
Health and safety

Inventory Improvements and the Supply Chain

The supply chain and the theory of constraints
Supply chain process mapping
Saw tooth curve
Using the Economic Order Quantity (EOQ) graph to find improvements
Inventory in the distribution network

Cost: 4250 GBP

Duration: 5 Days

Procurement and Managing Suppliers - Level 2 - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:11 +04

Course Introduction:
Build upon your procurement knowledge with intermediate concepts, focusing on contract management, negotiation, and performance evaluation in the procurement process.

Course Outcomes:
Set up and manage procurement activity
Select suppliers using appropriate evaluation methods and criteria
Measure supplier performance
Identify ways to increase procurement effectiveness and efficiency
Develop a strategy for sourcing that achieves tangible benefits
Review critical supply strategies
Implement the strategic sourcing strategy to maximise total cost savings
Assess and prioritise opportunities for savings

Who Should Attend:
Purchasing executives, senior managers, and professional staff from supply chain management, logistics and inventory planning and control
General managers wanting to understand the procurement function
Those engaged in the management or operation of projects
Those responsible for developing, managing or working with budget/cost constraints
Those with an interest in strategic planning and costs management
Those who are involved in the planning, evaluation, preparation and management of purchasing, tenders, contracts that cover the acquisition of materials, equipment, and services

Course Topics:
Overview of the Procurement Cycle

The principles of procurement
The procurement process
Compiling the Approved Supplier List
Supplier Relationship Management (SRM)
Monitoring and Managing Supplier Contracts

Definition and Development of a Sourcing Strategy

Understanding the concept of strategic sourcing
Differences between sourcing and strategic sourcing
The seven stages of a competitive sourcing strategy
The value and benefits of strategic sourcing
Performing a strategic sourcing gap analysis

The Strategic Sourcing Process

Working to the seven phases
Generate the supplier portfolio
Determine the implementation path
Selection of strategic suppliers
Integration of the strategic suppliers

Strategic Cost Management

Principle of cost management in procurement
Whole life costing
Total cost of ownership
Target costing and analysing prices
Should cost analysis

Identifying and Managing Risks

Determination of the risk involved in the global supply chain
Practical risk identification and assessment
Proactive risk management
Effective risk migration strategies
Dealing with challenging situations in the supply chain

Cost: 4250 GBP

Duration: 5 Days

Advanced Supply Chain Management - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:11 +04

Course Introduction:
Elevate your understanding of supply chain processes with this course, focusing on advanced strategies for procurement, logistics, and operations management. Learn to optimize the supply chain for maximum efficiency and competitive advantage.

Course Outcomes:
Assess the impact of supply chain and inventory upon the profitability of the organisation
Record, manage and measure inventory costs
Describe and apply: MRP, JIT, Kaizen, Kanban strategies
Reduce costs of inventory waste and obsolescence
Optimise resource planning and overall efficiency
Establish effective inventory management controls
Implement and report on KPI performance
Ensure the presence audit trails and apply transparency principles
Apply risk management techniques to supply chain and inventory management

Who Should Attend:
Warehouse and supply chain management practitioners
Procurement and Purchasing professionals
Transport Managers
Professionals in Logistics Functions
Warehouse and distribution managers and supervisors
Material handling supervisors
This course is also suitable for commercial management, who are looking to obtain leading edge supply chain efficiencies and competitive edge for themselves and their organisation and those who need to develop their understanding about Supply Chain Management

Course Topics:
Understanding the Supply Chain

Overview of supply chain functions within the organisation
Supply chain management definitions
The golden rules of supply chain management
Supply chain models and types
The global supply chain and integration

Role and importance of the Integrated Supply Chain

Fundamentals of Procurement
Fundamentals of Logistics
Fundamentals of Warehouse Management
Fundamentals of Transportation
Logistics and Supply Chain Strategy

Supplier Relationship Management (SRM)

Introduction to the principles of SRM
The importance of the buyer/supplier relationship
Developing the SRM strategy
Collaboration and joint working
Motivating suppliers and continuous improvement

Goals and objectives of Supplier Management

Key roles and responsibilities
Identify and agree deliverables from suppliers
Aligning the goals with the procurement strategy
Involving the relevant stakeholders
Identifying risks and their impact/probability

The Strategic Warehouse

Defining the role and responsibilities of the warehouse function
Utilizing the supply chain compass within the warehouse
Space allocation and product driven category management strategies
Inventory management strategies including optimum stock levels obsolete/slow moving stock
Effective forecasting and planning

Strategic Management of Inventory and all types of Stock

Inventory classification and audits ABC analysis or the 80/20 rule
Implementing leading edge strategies MRP JIT Kaizen and Kanban
Effective forecasting and peak demand planning
Inventory cost reduction techniques
Effectively managing inventory risk

Logistics and Supply Chain Strategy

The processes and activity mix - costs customer expectations and strategy
Logistics planning levels and making tactical decisions
Logistics and customer relations - defining the optimum service level
Logistics concerns about service variability and constraints
Logistics information and management information systems

Supply Chain Risk Management

Understanding the various risks in the supply chain
Identifying supply chain instabilities and risks
How to reduce supply chain risks
Using risk management tools and techniques
Supply chain resilience

Supplier Management

Transforming the supplier relationship
Supplier evaluation criteria
Appropriate supplier methodologies
Total Cost Approach
Shrinking the supplier base

Cost: 7250 GBP

Duration: 10 Days

Advanced Procurement and Managing Suppliers - LCT International , Malaysia, Saudi Arabia, Singapore, Turkey, UAE, United Kingdom, Dubai, Riyadh, Kuala Lumpur, London, Istanbul

Wed, 14 May 2025 11:15:11 +04

Course Introduction:
For procurement professionals seeking a strategic edge, this course covers advanced supplier management, strategic sourcing, and procurement processes.

Course Outcomes:
Plan and conduct a procurement activity
Select suppliers using appropriate evaluation methods and criteria
Measure supplier performance
Identify ways to increase procurement effectiveness and efficiency
Develop a strategy for sourcing that achieves tangible benefits
Review critical supply strategies
Implement strategic sourcing strategies to maximise total cost savings
Assess and prioritise opportunities for cost savings

Who Should Attend:
Purchasing executives, senior managers, and professional staff from supply chain management, logistics and inventory planning and control
General managers wanting to understand the procurement function
Those engaged in the management or operation of projects
Those responsible for developing, managing or working with budget/cost constraints
Those with an interest in strategic planning and costs management
Those who are involved in the planning, evaluation, preparation and management of purchasing, tenders, contracts that cover the acquisition of materials, equipment, and services

Course Topics:
The principles of Procurement

Definition of procurement vs purchasing activities
Defining the goals of procurement
The role of procurement
Supporting the business strategic objectives
Formulating the procurement strategy

The Procurement Process

Key roles and responsibilitiesForming commodity teams
Planning the procurement activities
Development of the procurement policy
Developing the supplier selection process

Compiling the Approved Supplier List

Determination of the most appropriate suppliers
Methods and techniques of inviting potential suppliers
Developing the supplier questionnaire
Supplier segmentation and grading Tier 1 2 and 3 suppliers
Developing supplier performance metrics

Supplier Relationship Management (SRM)

Introduction to the principles of SRM
The importance of the buyer/supplier relationship
Developing the SRM strategy
Collaboration and joint working
Motivating suppliers and continuous improvement

Monitoring and Managing Supplier Contracts

Managing the contract and setting expectations
The importance of setting proper baselines
Conducting supplier appraisals based on performance measures and metrics
Dealing with underperforming suppliers
Dealing with breaches and disputes

Definition and development of a sourcing strategy

Understanding the concept of strategic sourcing
Differences between sourcing and strategic sourcing
The seven stages of a competitive sourcing strategy
The value and benefits of strategic sourcing
Performing a strategic sourcing gap analysis

The Strategic Sourcing Process

Working to the seven phases
Generate the supplier portfolio
Determine the implementation path
Selection of strategic suppliers
Integration of the strategic suppliers

Strategic Cost Management

Principle of cost management in procurement
Whole life costing
Total cost of ownership
Target costing and analysing prices
Should cost analysis

Identifying and managing risks

Determination of the risk involved in the global supply chain
Practical risk identification and assessment
Proactive risk management
Effective risk migration strategies
Dealing with challenging situations in the supply chain

Cost: 7250 GBP

Duration: 10 Days

EMBA Supply Chain and Logistics - Westford University College , UAE, Dubai, Abu Dhabi, Ras al Khaimah, Sharjah, Fujairah, Ajman,Australia,India,Kuwait,Lebanon,Malaysia,Nigeria,Oman,Rwanda,Singapore,South Africa,United Kingdom,United States,Zimbabwe

Fri, 28 Feb 2025 14:38:06 +04

The Executive MBA in Logistics and Supply Chain Leadership offered by UCAM Spain is a postgraduate degree program designed for experienced professionals who want to develop advanced knowledge and skills in logistics and supply chain management. The program is designed to provide a comprehensive understanding of logistics and supply chain management principles, practices, and techniques, as well as the leadership skills necessary to manage complex logistics operations. It emphasizes the global nature of logistics and supply chain management. The program incorporates an international perspective, addressing challenges and trends in a globalized business environment. This approach prepares learners to tackle complex logistics and supply chain issues in a rapidly changing world.

The specialised Executive MBA focuses on developing strategic leadership skills in logistics and supply chain management. It covers a range of subjects, including logistics management, supply chain optimization, strategic procurement, global business, operations management, and more.

Cost: 26000 AED

Duration: 12 To 15 Months

Spend Analysis and Category Management - Advance Supply Chain Training Centre , India, Malaysia, Singapore, United Arab Emirates, Dubai, Mumbai, Kuala Lumpur,Central

Thu, 07 Feb 2019 12:47:54 +04

The objective of the module of to provide procurement managers with a tool in carrying our spend analysis and Category Management. The course also provides the framework to implement category management and demand aggregation projects in any organization. This module may cover, but not be limited to, the following:

Concept of Spend Analysis
Carrying out Spend Analysis
Implementing Category Management

Cost: 950 SGD

Duration: 2 Days

Strategic Procurement Management - Advance Supply Chain Training Centre , India, Malaysia, Singapore, United Arab Emirates, Dubai, Mumbai, Kuala Lumpur,Central

Thu, 07 Feb 2019 07:41:50 +04

The role of procurement and supply management within the wider supply chain is the most strategic, particularly in terms of insight into market development, market creation and an understanding of future risks and challenges that face an organisation.

With an increased emphasis on collaboration, partnerships, resilience and outsourcing; blended with a focus on relationship management, networking capabilities and broader commercial acumen, it is time to examine the role of procurement and supply at a strategic ;

The objective of this module is to provide participants with the information and knowledge needed for an understanding of the nature of procurement and to conduct oneself in an accountable and ethical manner to all stakeholders in the private and public sector.

The workshop will provide participants with the information and knowledge to learn how strategic procurement is critical to successful corporate outcomes and understanding the elements that go into strategic product purchases.

Cost: 950 SGD

Duration: 2 Days

Warehouse Management & Inventory Control - Convertas , Dubai, Kuala Lumpur, Istanbul,Malaysia,Turkey,United Arab Emirates

Sun, 09 Dec 2018 11:52:28 +04

Day One
Introduction to inventory management
Objectives of inventory planning and stock control
Reasons to hold inventory
Inventory push vs. pull systems
Customer service in inventory management
Counting and controlling inventory
Importance of accurate inventory records
Warehousing functions
Causes of inaccurate inventory records
Requirements for accurate inventory records
Reporting record accuracy
Periodic and cycle counting
Forecasting demand and lead time
The inventory order cycle
Dependent versus independent demand
Factors affecting demand
Factors impacting demand forecast accuracy
Demand patterns
Time series forecasting methods:
Measuring the accuracy of the forecast

Day 2
Inventory systems
Elements of inventory holding and ordering costs
The Economic Order Quantity (EOQ) model
Dealing with quantity discounts
Objectives of safety stocks
Setting safety stocks
Determining the Reorder Point (ROP)
Introduction to warehousing management
Objectives of warehousing
The modern warehouse
The warehousing cycle
Problems and challenges in warehousing
Warehousing and inventory costs
Customer service in warehousing

Day Three
Storage and material handling systems
Layout of the warehouse
Size and shape of the warehouse
Storage utilization and organization
Types of storage systems
Fixed versus random location
Material handling equipment
Material handling equipment checklist
Improving the receiving/issuing material operations
Safety in the warehouse
Good housekeeping inside the warehouse
Identifying safety hazards
Unsafe acts and conditions
Causes of damage
Planning for safety

Cost: 3195 USD

Duration: 3 Days

Logistics and Supply Chain Management - Convertas , Dubai,Kuala Lumpur, Istanbul, London, Amsterdam,United Kingdom,Malaysia,Netherlands,Turkey,United Arab Emirates

Mon, 02 Jul 2018 12:43:39 +04

Day One:
Modern supply chain and logistics trends
Supply chain overview
Role of logistics
Sustainability in supply chains and logistics
Supply chain configuration
3PL concepts
4PL concepts
Materials forecasting and inventory planning
Qualitative forecasting theories
Forecasting panels
Thought leaders
Delphi technique

Day Two:
Quantitative forecasting techniques
Seasonal demand forecasting
Moving average
Weighted moving average
Exponential smoothing
Forecasting error
Identifying bias
Determining economic order quantities
Determining reorder points
Replenishment strategies
Make-to-stock
Make-to-order
Assemble-to-order

Day Three:
Procurement and go-to-market strategies
Role of procurement
Procurement process flows
Sourcing strategies
Vendor management
Partnerships and alliances
Role of transportation and shipping in logistics
Definition of fleet management
Objectives and costs of fleet management
Transportation modes
Optimized routing and cubing
Incoterms for international commerce

Day 4:
Role of warehousing in logistics
Warehousing network design
Configuration of warehousing space
Value adding activities
Stockpiling, spot stocking and assortments
Cross docking, break bulking and consolidation
Mixing, postponement and assembly-to-order
Warehousing equipment and tools
Reverse logistics

Day 5:
Supply Chain Operations Reference (SCOR) framework for performance management
SCOR framework overview
Identifying level 1, 2 and 3 SCOR metrics
Customizing level 4 SCOR metrics
Setting performance targets
Continuous performance improvement

Cost: 3995 USD

Duration: 5 Days

Advanced Warehouse Management & Inventory Control - Convertas , Dubai,Kuala Lumpur, Istanbul, London,United Kingdom,Malaysia,Turkey,United Arab Emirates

Mon, 14 May 2018 13:59:42 +04

Day1
Introduction to stock management
Supply chain management scope
Functions and objectives of supply chain management
Objectives of inventory planning and stock control
Reasons to hold inventory
Inventory information system considerations
Inventory push versus pull systems
Identifying inventory costs
Customer service in inventory management

Day 2
Description and classification of inventory
Types of inventory
The inventory ABC classification ranking model
Uses of the ABC ranking
Forecasting demand and lead time
The inventory order cycle
Dependent versus independent demand
Factors affecting demand
Factors impacting demand forecast accuracy
Demand patterns
Time series forecasting methods
Seasonal demand
Moving average
Exponential smoothing

Day 3
Measuring the accuracy of the forecast
Setting lead time and methods to control it
Inventory costs
Inventory cost elements
Cost of item
Purchasing cost
Carrying or holding cost
Stock-out cost
Inventory systems
The Economic Order Quantity (EOQ) model
Dealing with quantity discounts
Objectives of safety stocks
Setting safety stocks
Determining the Reorder Point (ROP)

Cost: 3195 USD

Duration: 3 Days

Forecasting and Demand Planning - Convertas , Dubai,Kuala Lumpur, Istanbul, London,Malaysia,Turkey,United Arab Emirates,United Kingdom

Mon, 14 May 2018 13:44:19 +04

Day1
Introduction to stock management
· Supply chain management scope
· Functions and objectives of supply chain management
· Objectives of inventory planning and stock control
· Reasons to hold inventory
· Inventory information system considerations
· Inventory push versus pull systems
· Identifying inventory costs
· Customer service in inventory management

Day 2
Description and classification of inventory
· Types of inventory
· The inventory ABC classification ranking model
· Uses of the ABC ranking
Forecasting demand and lead time
· The inventory order cycle
· Dependent versus independent demand
· Factors affecting demand
· Factors impacting demand forecast accuracy
· Demand patterns
· Time series forecasting methods
· Seasonal demand
· Moving average
· Exponential smoothing

Day 3
Measuring the accuracy of the forecast
· Setting lead time and methods to control it
· Inventory costs
· Inventory cost elements
· Cost of item
· Purchasing cost
· Carrying or holding cost
· Stock-out cost
Inventory systems
· The Economic Order Quantity (EOQ) model
· Dealing with quantity discounts
· Objectives of safety stocks
· Setting safety stocks
· Determining the Reorder Point (ROP)

Cost: 3195 USD

Duration: 3 Days

Warehouse Operations & Management - Convertas , United Arab Emirates, Dubai,Dubai

Sun, 25 Feb 2018 14:33:04 +04

Day 1
Introduction to warehousing management
· Objectives of warehousing
· The modern warehouse
· The warehousing cycle
· Problems and challenges in warehousing
· Warehousing and inventory costs
· Customer service in warehousing

Day 2
Inventory classification and record accuracy
· Types of inventory
· The ABC classification
· Uses of the ABC classification
· Inventory record accuracy
· Reasons for poor accuracy
· Periodic and cycle counting
· Systems and methodology of counting
· Knowing what is inside the warehouse
· Knowing how much is inside the warehouse

Day 3
Storage and material handling systems
· Layout of the warehouse
· Size and shape of the warehouse
· Storage utilization and organization
· Types of storage systems
· Fixed versus random location
· Material handling equipment
· Material handling equipment checklist
· Improving the receiving/issuing material operations
Dealing with staff related warehousing issues
· Key roles of the warehouse manager
· Staff management issues
· Corrective guidance techniques
· Qualities of a good warehouse employee
· Motivation of warehouse employees

Day 4
Safety in the warehouse
· Good housekeeping inside the warehouse
· Identifying safety hazards
· Unsafe acts and conditions
· Causes of damage
· Planning for safety
Productivity and audit of a warehouse
· Definition of productivity
· Causes of lost time
· Warehousing key performance indicators
· Objectives of the warehouse audit
· Components of the audit
· Steps to follow before, during and after the audit

Cost: 3495 USD

Duration: 4 Days

Supply Chain Risk Management - Convertas , Dubai,United Arab Emirates

Sun, 25 Feb 2018 14:22:21 +04

Day 1
Supply chain management and risk
· Supply chain overview
· Supply chain objectives
· Introduction to risk management
· Risk management terms and concepts
· Scoping supply chain risk
> Supply-side partners
> Demand-side partners
> Internal echelons
· Corporate culture and risk appetite

Day 2
Managing risk process in supply chains
· Stakeholder management
· Developing a communications plan
> Message scope and clarity
> Identifying stakeholders
> Mapping stakeholders
> Customized messaging
> Distribution of roles
· Managing change
> Technical elements of change
> Political elements of change
> Emotional elements of change
· Risk process overview
· Risk charters and documentation
> Templates
> Risk administration

Day 3
Identifying risks
· Scoping risk
· Scope change risks
· Defining deliverables
· The Work breakdown structure (WBS)
· Risk types and categories
· Supply risks
> Assessing sources of supply
> Sourcing strategies
· Service level risks
· Financial risk
· Alternative risk identification tools and techniques

Day 4
Risk Response
· Monitoring and controlling supply chain risks
· Risk analysis
> Measuring impact of risk
> Measuring likelihood of risk
> Quantifying risk
· Mapping risks (risk heat maps)
· Risk response strategies
> Accept
> Reject
> Transfer
> Mitigate
· Contingencies
· Managing risk charter
> Elements of risk charter
> Ownership of risk charter
- Accountabilities
- Responsibilities
· The charter as a live document

Day 5
Risk management considerations
· Cultural considerations
· Ethical considerations
· Legal considerations
· Risk and the external environment

Cost: 3995 USD

Duration: 5 Days

Stock Management: Forecasting & Demand - Convertas , Dubai,United Arab Emirates

Mon, 29 Jan 2018 11:19:37 +04

Day 1
Introduction to stock management
· Supply Chain Management scope
· Functions and objectives of supply chain management
· Objectives of inventory planning and stock control
· Reasons to hold inventory
· Inventory information system considerations
· Inventory push versus pull systems
· Identifying inventory costs
· Customer service in inventory management
Description and classification of inventory
· Types of inventory
· The inventory ABC classification ranking model
· Uses of the ABC ranking

Day 2
Forecasting demand and lead time
· The inventory order cycle
· Dependent versus independent demand
· Factors affecting demand
· Factors impacting demand forecast accuracy
· Demand patterns
· Time series forecasting methods:
                > Seasonal demand
                > Moving average
                > Exponential smoothing
· Measuring the accuracy of the forecast
· Setting lead time and methods to control it

Day 3
Inventory costs
· Inventory cost elements
                > Cost of item
                > Purchasing cost
                > Carrying or holding cost
                > Stock-out cost
Inventory systems
· The Economic Order Quantity (EOQ) model
· Dealing with quantity discounts
· Objectives of safety stocks
· Setting safety stocks
· Determining the Reorder Point (ROP)

Cost: 3195 USD

Duration: 3 Days

Logistic Management - Convertas , Dubai,United Arab Emirates,Malaysia,Turkey,United Kingdom

Mon, 29 Jan 2018 11:04:43 +04

Day 1
Logistics trends and practices
· Logistics overview
· Logistics, supply chain and the organization
· Strategic, tactical and operational elements of logistics
· Sustainable logistics
· Concepts in logistics
                > 3PL
                > 4PL
Transport management
· Objectives of transport management
· Transportation modes and types
· Efficient and effective transportation
· Matching the strategic service level
· Routing
· Cubing
· Considerations for international transportation

Day 2
Warehousing operations
· Warehousing network design
· Configuration of warehousing space
· Value adding activities
                Stockpiling, spot stocking and assortments
                Cross docking, break bulking and consolidation
                Mixing, postponement and assembly-to-order
· Warehouse activity profiling
· Warehousing cost calculation
· Sustainable warehousing practices

Day 3
Inventory management
· Materials management scope
· Objectives of materials management
· Inventory types and classification
· Materials management challenges
· Material replenishment strategies
                > Make-to-stock
                > Make-to-order
                > Assemble-to-order
                > Design-to-order

Day 4
Logistics and performance management
· The SCOR framework
· Identifying high level SCOR metrics
· Customizing low level SCOR metrics
· Managing targets
· Initiative for performance improvement

Cost: 3495 USD

Duration: 4 Days

Logistics Management for Health Commodities - Convertas , Dubai,United Arab Emirates,Malaysia,Turkey,United Kingdom

Mon, 29 Jan 2018 10:44:03 +04

Day 1: Introduction to Logistics
· Definition of logistics
· Why logistics is important for all health programs
· Purpose of a logistics system
· Different components of a logistics system and how they fit together
· Definitions of key logistics terms

Day 2: Logistics Management Information Systems
· Purpose of a logistics management information system
· Essential data needed for logistics management
· Purpose of the three types of logistics records and the data they must contain
· Purpose of reporting
· Types of logistics reports and the data they must contain
· Purpose of logistics feedback reports.

Day 3: Assessing Stock Status
· Purpose for assessing stock status
· Data needed to assess stock status
· General formula for assessing stock status
· Instructions for analyzing consumption data for trends
· Process for determining the months of stock available at any level

Day 4: Maximum-Minimum Inventory Control Systems
· Purpose of an inventory control system
· Key terms in inventory control
· Details of max-min inventory control systems and the rules for storekeepers
· How to determine order/issue quantities
· How to set max and min stock levels
· The advantages of using a max-min inventory control system
· How to select the type of max-min inventory control system to implement

Day 5: Product Selection
· Definitions of key terms in product selection
· Overview of the product selection process
· Supply chain considerations and other criteria for product selection
· How product selection impacts the rest of the supply chain
· Importance of standardization of laboratory equipment and supplies

Day 6: Quantification of Health Commodities
· Definitions of quantification
· Importance of quantification in supply chain management of health commodities
· Key steps in quantification preparation, forecasting, and supply planning
· How the results of a quantification can be used
· Process for reviewing and updating quantifications.

Day 7: Health Commodity Procurement
· The procurement process for public health sector systems
· Stakeholder involvement in national health product procurement
· Common procurement challenges
· Procurement manager's role in supporting effective and efficient health commodity procurement

Day 8: Storage and Distribution
· Guidelines for proper storage of medicines and other health commodities
· Definition for visual inspection and instructions on how and when to conduct a visual inspection
· How to identify and resolve common product quality problems found during a visual inspection
· How to calculate warehouse space requirements
· Purpose of a physical inventory count and how and when to conduct a physical inventory count
· Main logistics activities involved in health care waste management
· What to consider when designing a transportation network
· Main activities involved in a transportation management system.

Day 9: Monitoring and Evaluation of Supply Chains
· Definitions of basic monitoring and evaluation (M&E) terms and concepts
· Program cycle for supply chain systems improvement
· Role of M&E in strengthening supply chains and the overall goal of product availability
· Steps in developing an M&E work plan
· Key components of an M&E work plan
· How to write recommendations for system improvement
· Connection between objectives, interventions, and indicators
· How to select and use indicators to measure system performance
· Data collection methodologies, including routine monitoring and periodic evaluation
· Steps in planning and conducting a supply chain assessment
· Various tools that can be used for M&E for supply chain management
· Importance of providing feedback and reporting results to stakeholders.

Day 10: Logistics System Design
· Overall context and process for designing a logistics system for managing health products
· Basic considerations and guidelines for designing a logistics system
· Technical aspects related to system design and implications of design choices.

Cost: 7485 USD

Duration: 10 Days

Inventory Planning & Stock Control - Convertas , Dubai,United Arab Emirates,Malaysia,Turkey,United Kingdom

Mon, 29 Jan 2018 10:16:50 +04

Day 1
Introduction to inventory management
· Objectives of inventory planning and stock control
· Reasons to hold inventory
· Inventory information system considerations
· Inventory push vs. pull systems
· Identifying inventory costs
· Customer service in inventory management
Description and classification of inventory
· Types of inventory
· The inventory ABC classification ranking model
· Uses of the ABC ranking
· Materials specifications and cataloguing

Day 2
Forecasting demand and lead time
· The inventory order cycle
· Dependent versus independent demand
· Factors affecting demand
· Factors impacting demand forecast accuracy
· Demand patterns
· Time series forecasting methods:
                > Seasonal demand
                > Moving average
                > Exponential smoothing
· Measuring the accuracy of the forecast
· Setting lead time and methods to control it

Day 3
Inventory systems
· Elements of inventory holding and ordering costs
· The Economic Order Quantity (EOQ) model
· Dealing with quantity discounts
· Objectives of safety stocks
· Setting safety stocks
· Determining the Reorder Point (ROP)
Counting and controlling inventory
· Importance of accurate inventory records
· Warehousing functions
· Causes of inaccurate inventory records
· Requirements for accurate inventory records
· Reporting record accuracy
· Periodic and cycle counting

Day 4
· Reducing inventory investment
· The importance of JIT or pull theory in inventory                 management to reduce total cost
· Identification of surplus
· Disposal options of excess inventory
· JIT methods
· JIT requirements
· JIT risks
· Measuring inventory management performance
· Importance of tracking the effectiveness of the inventory planning and control functions
· Reasons behind poor inventory management performance
· Setting inventory KPIs and targets
· Examples of KPIs used in the inventory planning and control functions
· Qualities of the inventory specialist

Cost: 3495 USD

Duration: 4 Days

Developing Purchasing Policies & SLAs - Convertas , Dubai,United Arab Emirates,Malaysia,Turkey,United Kingdom

Sun, 28 Jan 2018 18:06:12 +04

Day 1
The strategic role of purchasing
· Purchasing terms and definitions
· Evolution of purchasing into a strategic function
· Purchasing relationships within the organization
· Purchasing process
· Ethical principles governing the purchasing function

Day 2
Using an appropriate writing style
· Writing in an impersonal style
· Organizing paragraphs and sentences
· Writing applications
· Simple language
· Specific language
· Positive language
· Using active verbs
· Applying easy and effective grammatical rules
· Gunning fog index for writing complexity

Day 3
Writing purchasing policies
· Purchasing policies: what are they and why do we need them?
· Guidelines for writing purchasing policies
· Purchasing policy scope
· Policy contents and exclusions
· Developing purchasing policies - practical application

Day 4
Designing purchasing processes and procedures
· Defining processes and procedures
· Considerations in developing processes and procedures
· Process development
                > Artistic processes
                > Scientific processes
· Process hierarchy
                > Abstract processes
                > Strategic processes
                > Operational processes
· Measuring and improving process performance
· Rules governing the use of flowchart symbols
· Mapping your processes using swim lane flowcharts
· Writing detailed procedures to support process maps

Day 5
Developing service level agreements
· The role of SLAs
· Understanding departmental inter-dependencies
· Principles for developing SLAs that add real value
· Typical SLA table of contents
· Writing SLA practical applications
· Service level management
                > Internal SLAs
                > External SLAs
· Measuring the purchasing function performance against SLAs

Cost: 3995 USD

Duration: 5 Days

Risk Management & Supply Chain - Asia Masters Center , Dammam, Riyadh, Kuala Lumpur,Saudi Arabia

Tue, 07 Nov 2017 07:23:29 +04

Uncertainty and risk exist in every supply chain. Customer demand can never be forecast exactly, shipping times will never be certain.
Suppliers may be unable to produce and deliver materials or goods on time. Outsourcing business functions to third parties may not deliver the cost savings, capabilities and efficiencies initially anticipated.
This course is designed to cover the expected and non-expected risks in the aviation supply chain and aviation logistics, and discuss the techniques and strategies to manage these risks in the aviation supply chain and logistics.

Cost: 2500 USD

Duration: 5 Days

Strategic Supply Chain Management - Convertas , Dubai,Malaysia,Turkey,United Kingdom

Mon, 29 May 2017 23:09:04 +04

Objective

Effective logistics and supply chain management practices
Conduct analysis and examination of current operations
Bring about organizational improvements in supply chain
Comparison of in-house versus outsource hiring
Understanding the legal framework
Vendor management; monitoring and evaluation
How to relate costs to milestones

Outline

Understanding what Supply Chain Management
Definitions of logistics and Supply Chain management
The interrelations and connections of Buying, Making, Moving, and Selling activities
Key Aspects of Supply Chain Management
The cost/service balance
Customer service principles
Adding value
Production options/changes
Trade off opportunities
Understanding the sub functional conflicts
How we currently manage the supply chain
Impacts to the Supplier/Customer relationships
Reducing costs
Eliminating internal and external barriers in supply chain
Implementing a Supply Chain Management Approach
The changes needed with suppliers and customers
Breaking down traditional silo/closed management
Critical Supply Strategies
Needs assessment and task development
Selecting the Right Contracting Strategy
Transforming the Supplier Relationship to a Practical Partnership
How to be a Good Customer
Communication Techniques

Cost: 3995 USD

Duration: 5 Days

Procurement Planning and Bid Management - Convertas , Dubai,Malaysia,Turkey,United Kingdom

Mon, 29 May 2017 23:00:24 +04

Objective

Write strategic procurement objectives and initiatives to support long term directions
Arrange 'spend items' into categories that support planning of go-to-market strategies
Apply demand forecasting techniques to improve planning of procurement activities
Generate vendor integration strategies to ensure supply security
Evaluate vendor bids in a scientific manner to support selection decision making

Outline
Strategic procurement planning

Setting procurement mission and objectives
Selection of improvement initiatives

- Structure
- Systems
- Work streams
- Culture

Performance measures and targets
Communication of procurement plan
Stakeholder engagement

Spend category planning

Spend category profiling
Spend impact analysis

- Financial impact
- Vendor segmentation

Market risk analysis

- Value chain analysis
- SWOT analysis
- Porter's five forces
- Risk heat maps
- Vendor risk scores

Category report consolidation

Forecasting and demand planning

The soft side of forecasting

- Tetlock's foxes and hedgehogs
- Taleb's black swan

Principles of demand planning
Quantitative forecasting techniques
Qualitative forecasting techniques

Vendor integration

Vendor prequalification process
Vendor prequalification criteria

   - Legal criteria
   - Financial criteria
   - Technical criteria
   - Staff criteria
   - HSE criteria

Service Level Agreements (SLAs)
Strategic partnering
Supplier diversity programs

Bid evaluation and selection

Bid management process
Bid evaluation criteria
Scoring systems and protocols
Selection and award
Total Cost of Ownership (TCO) for complex purchases

Cost: 3995 USD

Duration: 5 Days

Applied Logistic Management - Convertas , Dubai,Malaysia,Turkey,United Kingdom

Mon, 29 May 2017 22:46:37 +04

Objective

Lead a winning logistics team, department or project
Understand the practical and latest techniques in logistics management
Empower others to deliver results in logistics management
Ensure goods proper recording, storage, stocking and supplies as per latest business requirements
Ensure meeting storage and goods supply principles are met.
Manage international logistics of larger scales

Outline

Introduction to Logistics Management
Introduction to Business Management
Basic Mathematics and Quantitative Techniques for Logisticians
Introduction to Transportation and Warehousing
Basic end-user computing for logisticians
Procurement and Order Processing Systems
Basic Principles of Performance Measures
Overview and objectives of the Government and Municipal Logistics Systems
Tactical Logistics Management
Inventory Management
Warehousing and Material Handling
Transportation Operation Management
Logistics and Supply Chain Management
Logistics Project Management
International Logistics Management
Demand planning
Temperature Controlled Supply Chain Management
Logistics Reporting
Logistics coordination with management
Strategic Logistics Management

Cost: 3995 USD

Duration: 5 Days